Market Update: Inner Mission Real Estate [video] – March 2016

This video is part of the SFhotlist Monthly Market Update Video Series. Each week, we provide you with a short video with updated information about San Francisco real estate and the neighborhoods you love. Let us know if there is something specific you’d like to know.

Inner Mission Real Estate – March 2016

Welcome to March’s Inner Mission Market Update.

The number of active listings was down 42% from one year earlier and up 29% from the previous month.

As you can see, the median listing price for the month was just under $1 million, while the median sales price was just under $1.2 million.

Compared to last year, the average number of days that units spent on the market before being sold was down 14%. The number of units sold decreased 11% year-over-year and increased 243% month-over-month.

The Take Home

Number of active listings: Down 42% year-over-year

Number of active listings: Up 29% month-over-month

Median listing price: $998,000

Average number of days on the market before sale: Down 14%

If you’d like to know more about Inner Mission real estate, don’t hesitate to reach out. Let’s talk!